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Condensed Statement of Earnings (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues    
Sales of goods $ 17,315 $ 14,489
Sales of services 6,212 7,502
Other income 557 3,625
GECC earnings from continuing operations 0 0
GECC revenues from services 11,098 12,713
Total revenues and other income 35,182 38,329
Costs and expenses    
Cost of goods sold 13,465 11,816
Cost of services sold 4,404 4,900
Interest and other financial charges 3,358 3,796
Investment contracts, insurance losses and insurance annuity benefits 737 736
Provision for losses on financing receivables 863 1,140
Other costs and expenses 8,429 8,507
Total costs and expenses, Total 31,256 30,895
Earnings (loss) from continuing operations before income taxes 3,926 7,434
Benefit (provision) for income taxes (637) (3,942)
Earnings from continuing operations 3,289 3,492
Earnings (loss) from discontinued operations, net of taxes (217) 35
Net earnings (loss) 3,072 3,527
Less net earnings (loss) attributable to noncontrolling interests 38 94
Net earnings (loss) attributable to the Company 3,034 3,433
Preferred stock dividends declared 0 (75)
Net earnings (loss) attributable to GE common shareowners 3,034 3,358
Amounts attributable to the Company    
Earnings (loss) from continuing operations 3,251 3,398
Earnings (loss) from discontinued operations, net of taxes (217) 35
Net earnings (loss) attributable to the Company 3,034 3,433
Earnings from continuing operations    
Diluted earnings per share $ 0.31 $ 0.31
Basic earnings per share $ 0.31 $ 0.31
Net earnings (loss)    
Diluted earnings per share $ 0.29 $ 0.31
Basic earnings per share $ 0.29 $ 0.32
Dividends declared per common share $ 0.17 $ 0.14
Subsidiaries [Member]
   
Revenues    
Sales of goods 17,357 [1] 14,489 [1]
Sales of services 6,330 [1] 7,613 [1]
Other income 600 [1] 3,665 [1]
GECC earnings from continuing operations 1,792 [1] 1,790 [1]
GECC revenues from services 0 [1] 0 [1]
Total revenues and other income 26,079 [1] 27,557 [1]
Costs and expenses    
Cost of goods sold 13,512 [1] 11,818 [1]
Cost of services sold 4,522 [1] 5,011 [1]
Interest and other financial charges 315 [1] 355 [1]
Investment contracts, insurance losses and insurance annuity benefits 0 [1] 0 [1]
Provision for losses on financing receivables 0 [1] 0 [1]
Other costs and expenses 4,003 [1] 3,399 [1]
Total costs and expenses, Total 22,352 [1] 20,583 [1]
Earnings (loss) from continuing operations before income taxes 3,727 [1] 6,974 [1]
Benefit (provision) for income taxes (450) [1] (3,513) [1]
Earnings from continuing operations 3,277 [1] 3,461 [1]
Earnings (loss) from discontinued operations, net of taxes (217) [1] 35 [1]
Net earnings (loss) 3,060 [1] 3,496 [1]
Less net earnings (loss) attributable to noncontrolling interests 26 [1] 63 [1]
Net earnings (loss) attributable to the Company 3,034 [1] 3,433 [1]
Preferred stock dividends declared 0 [1] (75) [1]
Net earnings (loss) attributable to GE common shareowners 3,034 [1] 3,358 [1]
Amounts attributable to the Company    
Earnings (loss) from continuing operations 3,251 [1] 3,398 [1]
Earnings (loss) from discontinued operations, net of taxes (217) [1] 35 [1]
Net earnings (loss) attributable to the Company 3,034 [1] 3,433 [1]
Subsidiaries GECC [Member]
   
Revenues    
Sales of goods 30 42
Sales of services 0 0
Other income 0 0
GECC earnings from continuing operations 0 0
GECC revenues from services 11,412 12,994
Total revenues and other income 11,442 13,036
Costs and expenses    
Cost of goods sold 25 40
Cost of services sold 0 0
Interest and other financial charges 3,196 3,584
Investment contracts, insurance losses and insurance annuity benefits 771 769
Provision for losses on financing receivables 863 1,140
Other costs and expenses 4,596 5,253
Total costs and expenses, Total 9,451 10,786
Earnings (loss) from continuing operations before income taxes 1,991 2,250
Benefit (provision) for income taxes (187) (429)
Earnings from continuing operations 1,804 1,821
Earnings (loss) from discontinued operations, net of taxes (217) 35
Net earnings (loss) 1,587 1,856
Less net earnings (loss) attributable to noncontrolling interests 12 31
Net earnings (loss) attributable to the Company 1,575 1,825
Preferred stock dividends declared 0 0
Net earnings (loss) attributable to GE common shareowners 1,575 1,825
Amounts attributable to the Company    
Earnings (loss) from continuing operations 1,792 1,790
Earnings (loss) from discontinued operations, net of taxes (217) 35
Net earnings (loss) attributable to the Company $ 1,575 $ 1,825
[1] (a) Represents the adding together of all affiliated companies except General Electric Capital Corporation. (GECC or financial services), which is presented on a one-line basis.